Here is an article regarding the tax credit extension that will be valid on contracts written through April 30, 2010 for first time homebuyers and people who have lived in their current residence for over five years. This article has a quick fact sheet explaining who qualifies and the general terms of the tax credit:
http://www.usatoday.com/money/perfi/taxes/2009-11-05-homebuyer-credit-jobless_N.htm
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